March 24, 2020 | Headlines, STB
(Source: Progressive Railroading, March 23, 2020) Class Is employed 127,634 workers as of mid-February, down 0.53 percent compared with mid-January’s level and down 12.46 percent compared with the year-ago employment level, U.S. Surface Transportation Board data...
March 2, 2020 | Headlines, STB
(Source: Freight Waves, February 28, 2020) CHATTANOOGA, Tenn. — The Surface Transportation Board (STB) is adopting a final rule that will clarify how it will regulate demurrage, which is the fee that the freight railroads assess when railcars are detained beyond a...
February 26, 2020 | Headlines, STB
(Source: Progressive Railroading, February 25, 2020) Class Is employed 128,311 workers as of mid-January, down 2.41 percent compared with mid-December’s level and down 12.45 percent compared with the year-ago employment level, U.S. Surface Transportation Board...
February 25, 2020 | Headlines, STB
(Source: Freight Waves, February 24, 2020) CHATTANOOGA, Tenn. — Employment at the Class I railroads fell to its lowest in years, with January’s totals tumbling over 12% year-over-year. Headcount among the Class I railroads in January totaled 128,311 employees, a 12.4%...
February 4, 2020 | Headlines, STB
(Source: S&P Global Platts, February 3, 2020) HOUSTON — Fuel surcharge revenue for the seven Class I railroads totaled roughly $1 billion in the fourth quarter, down 8% from the previous quarter and down 25% from the year-ago quarter, Surface Transportation Board...
January 28, 2020 | Headlines, STB
(Source: Progressive Railroading, January 27, 2020) As of mid-December 2019, Class Is employed 131,486 people, down 1.31 percent since November’s level and down 11 percent from December 2018’s count, according to Surface Transportation Board (STB) data....
January 24, 2020 | Headlines, STB, War on Workers
(Source: Freight Waves, January 23, 2020) CHATTANOOGA, Tenn. — Employment at the U.S. operations of Class I railroads fell to its lowest level in years in December 2019, according to the latest data released by the Surface Transportation Board. Those operations...
December 30, 2019 | Headlines, STB
(Source: Progressive Railroading, December 27, 2019) As of mid-November, Class Is employed 133,225 people, down 1 percent from mid-October’s level and down 10.58 percent from November 2018’s count, according to Surface Transportation Board (STB) data. All...
December 16, 2019 | Headlines, STB
(Source: Freight Waves, December 16, 2019) CHATTANOOGA, Tenn. — If one thing could be taken away from two days of hearings on railroad rate reform, it was that neither railroads nor their customers will be happy with whatever rule federal regulators propose. That’s...
December 13, 2019 | Headlines, STB
(Source: Freight Waves, December 13, 2019) CHATTANOOGA, Tenn. — Will recommended changes to how the Surface Transportation Board (STB) tracks revenue adequacy end up serving as a revenue cap for Class I railroads? The railroads said yes but the shippers said no on the...
